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Bitcoin Set to Hit $200,000 by Year-End, Says Standard Chartered

  • Standard Chartered predicts Bitcoin may reach $135,000 by Q3 and $200,000 by year-end, citing a shift from typical halving trends.
  • Corporate treasury purchases and ETF inflows break historical halving patterns, driving bullish momentum for Bitcoin.
  • Over 848,000 BTC is held by 51 companies, with Strategy (MSTR) leading with 597,000 BTC, indicating increased institutional interest in Bitcoin.
  • Despite short-term volatility, on-chain indicators suggest potential for Bitcoin breakout, with ongoing accumulation and restrained speculative excitement.

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